Business

The commodity will drop to $US70 a tonne this year, $US55 in 2018, and slump to $US46 by 2021, according to the research ...

Iron ore begins multi-year slump

Iron ore's early-year rally might prove to be a high-water mark for at least the next half decade, according to BMI Research.

The Anglo American unit sold 14.1 million carats, in the first quarter, and mined 7.4 million carats, it said in a ...

De Beers diamond selling spree

De Beers went on a selling spree in the first quarter after India torpedoed demand abolishing large-denomination banknotes.

"If inventories (at Chinese ports) were unwound and dumped onto the market, there's a greater momentum for the downward ...

Iron ore's extended retreat

Iron ore is destined to retreat back below $US50 a tonne next year as supplies go on rising, says Westpac's Justin Smirk.

The Tax Office said Chevron claimed excessive deductions for a loan.

Chevron eyes high court as it loses landmark tax case

Multinational oil giant Chevron has lost its appeal against a multimillion-dollar tax bill issued by the Australian Taxation Office, setting the scene for the tax man to challenge other companies with dubious tax schemes.

China's crude steel output reached a record 72 million tonnes in March as mills anticipated brisk seasonal demand ...

China steel futures rebound

​Iron ore and steel futures in China bounced back on Thursday from a three-day fall and after a volatile session.

George Soros has been targeted in a new lawsuit.

Rio Tinto dragged into $10b mine brawl

Rio Tinto's Simandou mine nightmare has taken a colourful twist, with the mining giant dragged into a $10 billion court brawl between Israeli magnate Beny Steinmetz and fellow billionaire and hedge fund legend George Soros.